What is the Three Inside Up candlestick pattern ?

• This is a triple candlestick pattern which indicates an uptrend in the market.
• It is made up of three candles in which the first candle is a big bearish candle, the second candle is a small bullish candle and the third candle is a big bullish candle.

This candle pattern is formed on the support during the down trend in the market, after its formation the market becomes bullish.

three inside down candle stick pattern :- https://smartstockadda.com/three-inside-down-candlestick-pattern/

CANDLES FORMATION OF THREE INSIDE UP CANDLESTICK PATTERN ?

1st Candle:- Its first candle is a big bearish candle.
Color :- Red
2nd candle:- This is a small bullish candle.
Color :- Green
3rd candle:- This is a big bullish candle which gives us confirmation that the market will rise now.
Color :- Green

Use of Three Inside Up Candlestick Pattern in Trading ?

We can use the Three Inside Up Candle Stick Pattern in trading in the following ways: –

• Entry:- When this candlestick pattern is formed in the market, then we should take entry in the market from whichever spot breaks the high of the third candle in the next few candles.
• Stoploss: In the three inside up candlestick pattern we should place the stop loss at the low of the first candle.
• Target:- In the three inside up candlestick pattern, we should set the target by setting two or three times our stoploss or by looking at the resistance.

How to identify the Three Inside Up candlestick pattern ?

Here are the things to keep in mind to identify the Three Inside Up candlestick pattern:

• When the market keeps falling then it creates support.
• The first candle will be a big bearish candle which will have a big body and its color will be red.
• The second candle will open above the closing price of the first candle, and its closing point will be below the first candle open price.
  This will appear completely covered by the first candle.
  And it should also cover 50% of the body of the first candle.
  Color :- Green
• 3rd candle:- Its open price will be around the middle of the second candle and its closing point will be above the high price of the first candle.
  This candle will give confirmation that the trend changing market is now going to go into an up trend.

Keep in mind: The first and second candles together form a bullish harami double candle candle stick pattern.

Features of Three Inside Up Candlestick Pattern ?

The Three Inside Up candlestick pattern has the following characteristics

• This candlestick pattern is formed during a down trend.
• This candlestick pattern is formed by supporting the market.
• This is a triple candlestick pattern in which this pattern is formed by consisting of three candles.
• In this, the first candle is a big bearish candle.
• The second type of candle is the bullish one.
• The formation of this candlestick pattern leads to an up trade or rise in the market.
• In this candlestick pattern, the volume of the third candle should be greater than the volume of the first and second candles.
• In which candlestick pattern should we use the following indicators like:- RSI & MACD
• The first and second candles should together form a bullish Harami candle stick pattern.

THREE INSIDE UP CANDLESTICK PATTERN BANNE KI PSYCHOLOGY?

When the market continues to be in a recession, it falls to a certain low point and a large bearish candle is formed, which indicates that sellers are still strong in the market and the market will continue to fall, but immediately after that a small bullish candle is formed. is formed Which tells us that buyers have started entering the market and immediately after this a big bullish candle is formed which gives us the confirmation that buyers have dominated the market, sellers have become weak and the market Can go into up trade or bullish.

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